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Avenue Income Credit Strategies About To Put More Money In Your Pocket (ACP)

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, Avenue Income Credit Strategies will trade ex-dividend, for its monthly dividend of $0.12, payable on 2/28/14. As a percentage of ACP's recent stock price of $17.68, this dividend works out to approximately 0.68%, so look for shares of Avenue Income Credit Strategies to trade 0.68% lower — all else being equal — when ACP shares open for trading on 2/11/14.

Looking at the universe of stocks we cover at Dividend Channel, on 2/11/14, Avenue Income Credit Strategies ( ACP) will trade ex-dividend, for its monthly dividend of $0.12, payable on 2/28/14. As a percentage of ACP's recent stock price of $17.68, this dividend works out to approximately 0.68%, so look for shares of Avenue Income Credit Strategies to trade 0.68% lower — all else being equal — when ACP shares open for trading on 2/11/14.

Below is a dividend history chart for ACP, showing historical dividends prior to the most recent $0.12 declared by Avenue Income Credit Strategies:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ACP is likely to continue, and whether the current estimated yield of 8.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ACP shares, versus its 200 day moving average:

Looking at the chart above, ACP's low point in its 52 week range is $16.24 per share, with $19.92 as the 52 week high point — that compares with a last trade of $17.68.

According to the ETF Finder at ETF Channel, ACP makes up 2.98% of the ETF ( HILO) which is trading up by about 1.1% on the day Friday.

In Friday trading, Avenue Income Credit Strategies shares are currently up about 0.2% on the day.